AGP Executive Report
Last update: 9 hours agoPowership Contract Scrutiny: Guyana is reportedly following Ghana’s path on the Turkish powership Karpowership deal, with concerns raised about limited parliamentary oversight and “take-or-pay” style costs. Healthcare & Land Use: Govt agrees to build Kamarang Hospital on 10 acres after the village council objected to using additional farm-occupied land, raising questions on contracts and costs. Gold Logistics Buildout: Construction has started on a US$5M tug and barge at Guyana Port Inc for Canadian gold firm G Mining’s Oko West project, a boost for local shipbuilding. Oil Sector Oversight: ExxonMobil seeks permission to ramp up production on the One Guyana FPSO; GGMC’s Petroleum Unit will assess safety and equipment strain before any approval. Local Content Push: Finance and Labour ministers say local content must be measured by lives transformed, with more services and a Junior Stock Exchange planned to widen investment access. Illegal Mining Crackdown: GGMC shut down six illegal mining operations in Region 7, arresting 38 and seizing equipment. Trade Shock Watch: The U.S. proposed Section 301 tariffs tied to forced-labour findings, with Guyana listed among affected economies. Industry & Community: Banks DIH won international gold medals at Monde Selection for premium rum and vodka brands.
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